In the year I first entered the cryptocurrency world, I almost followed the entire "Beginner's Guide to Ruin". Engaging in contracts, using high leverage, and focusing on small cycles,
I would chase when prices rose and cut losses when they fell; if I didn’t trade for a day, I would feel restless, and once I started trading, I would get carried away.
Back then, I firmly believed in a saying: volatility is opportunity, and frequency is efficiency.
Looking back now, it was simply handing a knife to the market.
In less than a year, tens of thousands of hard-earned savings,
were wiped out by my repeated liquidations.
At my worst, not only was my account zeroed out,
but I also owed nearly twenty thousand.
When my phone buzzed with market updates, it was a reminder of reality.
My bank account balance and my mindset hit rock bottom.
People around me couldn’t stand it anymore, giving me advice that got harsher each time:
"Just give it up; you’re not cut out for this."
"Contracts are just traps; you have to accept it."
But stubbornly, I held onto my beliefs.
I was unwilling to accept that—
others could profit, but I could not.
That determination, to put it nicely, was persistence,
but to put it bluntly, it was a refusal to lose.
But the real turning point wasn’t my continued efforts,
instead, it was the first time I stopped to ask myself:
Am I really trading, or am I gambling with my life?
In the past, I viewed contracts as tools for a turnaround,
considered high leverage as a shortcut, and heavy positions as courage.
It was only later that I understood, when those elements came together,
it would only amplify the weaknesses of human nature.
